(RTTNews) - Unity Software Inc. (U) released Loss for fourth quarter of -$89.963 million
The company's earnings totaled -$89.963 million, or -$0.21 per share. This compares with -$122.727 million, or -$0.30 per share, last year.
The company's revenue for the period rose 10.1% to $503.089 million from $457.099 million last year.
Unity Software Inc. earnings at a glance (GAAP) :
-Earnings: -$89.963 Mln. vs. -$122.727 Mln. last year. -EPS: -$0.21 vs. -$0.30 last year. -Revenue: $503.089 Mln vs. $457.099 Mln last year.
For the fourth quarter, excluding items, the company posted earnings of $0.24 per share, higher than $0.20 per share in the same period last year.
Looking ahead, for the first quarter, the software company expects a rise in earnings and revenue.
For the first quarter of fiscal 2026, Unity expects adjusted EBITDA of $105 million to $110 million, on revenue of $480 million to $490 million.
For the first quarter of fiscal 2025, the company had posted adjusted EBITDA of $84 million, on revenue of $435 million.
U was down by 23.75% at $22.13 in the pre-market trade on the New York Stock Exchange.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
